Page-4 of Current Affairs - December, 2024

Banks’ Profitability Rises for 6th Consecutive Year in FY24: RBI Report

December 30, 2024

Indian banks have reported improvements in their financial performance during the 2023-24 fiscal year. The Reserve Bank of India (RBI) has noted a notable decrease in bad loans and a rise in profits, reflecting robust economic conditions. Profit Growth in ..

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India-Australia Trade Agreement Celebrates Two Years

December 30, 2024

The India-Australia Economic Cooperation and Trade Agreement (ECTA) has marked its second anniversary and has strengthened the economic ties between India and Australia. The Government of India aims to enhance collaboration and innovation to support its goal of becoming a ..

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Koneru Humpy Wins 2024 FIDE Women’s World Rapid Chess Championship

December 30, 2024

Koneru Humpy has recently claimed her second women’s title at the World Rapid and Blitz Championship held in New York, marking a milestone in her chess career, showcasing her exceptional talent and determination. Humpy scored an impressive 8.5 points over ..

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FREE-AI: RBI Forms Panel for Ethical AI Guidelines

December 30, 2024

The Reserve Bank of India (RBI) has established an eight-member committee named FREE-AI to formulate guidelines for the ethical use of artificial intelligence in financial services. This initiative puts stress on the growing importance of responsible AI practices in the ..

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Denmark Strait Cataract: The World’s Tallest and Largest Underwater Waterfall

December 30, 2024

Deep beneath the Arctic waters lies the Denmark Strait cataract, the world’s largest waterfall, 11,500 feet in height, and is located between Greenland and Iceland. This underwater phenomenon is crucial for Earth’s climate and oceanic systems, yet it remains completely ..

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What is GPS Spoofing?

December 30, 2024

Instances of GPS interference, including spoofing, are escalating, particularly in conflict zones, which are critical near India’s borders with Pakistan and Myanmar, where over 10% of aircraft reported navigation inaccuracies. OPSGROUP, a network of aviation professionals, marks these areas as ..

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AUSSOM: New African Union Mission Approved for Somalia

December 30, 2024

The United Nations Security Council has sanctioned a new mission for the African Union in Somalia, named AUSSOM, which is set to commence on January 1, 2025. It will replace the existing larger AU anti-terrorism operation, addressing ongoing security challenges ..

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BD475-2: India’s Biggest and Advanced Crawler Dozer

December 30, 2024

BEML Ltd has recently revealed the BD475-2 Dozer, marking a milestone in India’s engineering capabilities. This crawler dozer, the largest and most advanced in the country, showcases India’s commitment to self-reliance in manufacturing. Key Specifications The BD475-2 Dozer is powered ..

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